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what i've said is i won't put in place a tax cut that adds to the deficit. >> for 18 months he's been running on this tax plan. now, five weeks before the election, he's saying that his big bold idea is never mind. >> my priority is jobs. there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> reporter: while romney made the case that he would be better at creating jobs, the president questioned how the former governor would control the financial sector. >> does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? >> look, we have to have regulation of wall street. that's why i'd have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. this is the biggest kiss that's been given to new york banks i've ever seen. >> reporter: on to health care. romney returned to his recurring theme, calling obamacare a job killer. >> i ju
what i've said is i won't put in place a tax cut that adds to the deficit. >> for 18 months he's been running on this tax plan. now, five weeks before the election, he's saying that his big bold idea is never mind. >> my priority is jobs. there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> reporter: while romney made...
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you said you'd cut the deficit in half, it's four years later we have trillion dollar deficits. the c.b.o. says we'll have a trillion dollar deficit the next four years. if you're reelected we'll get to a trillion dollar debt. you said before you would cut the deficit in half. and i love this idea of $4 trillion in cuts. you found four trillion dollars to get closer to a balanced budget except we still show trillion dollar deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually you said it. back in 2010 you said i'm going to extend the tax policies that we have now. i'm not going to raise taxes on anyone because when the economy is growing slow like this, when we're in recession, you shouldn't raise taxes on anyone. well, the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made that statement. and so if you believe the same thing, you just don't want to raise taxes on people. and the reality is it's not just
you said you'd cut the deficit in half, it's four years later we have trillion dollar deficits. the c.b.o. says we'll have a trillion dollar deficit the next four years. if you're reelected we'll get to a trillion dollar debt. you said before you would cut the deficit in half. and i love this idea of $4 trillion in cuts. you found four trillion dollars to get closer to a balanced budget except we still show trillion dollar deficits every year. that doesn't get the job done. let me come back and...
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. >> we still have deficit. >> reporter: mitt romney came into the debate trailing in the polls but that could change after last night's performance. >> anytime a challenger stands on the stage with the president in a first debate they tend to get a bounce. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe that governor romney was the clear winner of this debate. if it was a boxing match it would have been called. >> reporter: an instant cbs news poll chose romney the overwhelming winner. 46% of the people we surveyed said romney won the debate. but moderator and pbs anchor jim lehrer might not feel the same way. >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. i actually like you, too. but i'm not going to keep on spending money for things to borrow money from china to pay for it. >> reporter: they will square off again october 16. bigad shaban, cbs news, denver. >> even people in california say romney won the debate last night. an exclusive poll of
. >> we still have deficit. >> reporter: mitt romney came into the debate trailing in the polls but that could change after last night's performance. >> anytime a challenger stands on the stage with the president in a first debate they tend to get a bounce. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe that governor romney was the clear winner of this debate. if it was a boxing match it would...
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you said would you cut the deficit in half. it's now four years later. we still have trillion dollar deficits. >> reporter: mitt romney came into the debate trailing in the polls but that could change after last night's performance. >> anytime a challenger stands on the stage with the president in a first debate they tend to get a bounce. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe that governor romney was the clear winner of this debate. if it was a boxing match it would have been called. >> reporter: an instant cbs news poll chose romney the overwhelming winner. 46% of the people we surveyed said romney won the debate. but moderator and pbs anchor jim lehrer might not feel the same way. >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. i actually like you, too. but i'm not going to keep on spending money for things to borrow money from china to pay for it. >> reporter: they will square off again october 16. th
you said would you cut the deficit in half. it's now four years later. we still have trillion dollar deficits. >> reporter: mitt romney came into the debate trailing in the polls but that could change after last night's performance. >> anytime a challenger stands on the stage with the president in a first debate they tend to get a bounce. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe that governor...
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been bu
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- how we pay for that, reduce the deficit and making the investments we need without dumping the cost on the middle- class americans. that is one...
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you would cut the deficit in half, we still have trillion dollar deficits. a trillion dollar deficit each of the four years. if you are reelected, we'll get to a trillion dollar debt. >> we're asking for no revenue, we hag to give -- end up in resulting in se veer hardship for poem. >> social security is also a big topic. both men went back and forth on this one. >> you can call it a target or lind pent voters. they are eventually going to need social security, so the job of each of these candidates tonight was to paint the other's programs in aing intive right. on the issue, the president said that mitt romney's plans would eventually turn entitlements. he is trying to empower people to take control other their present this plan, the sees sense of the plan. >> i know what my own vow is. i rather not telling the government not telling me what insurance company to get. >> this debate went on for an hour and a half. at one point, they did not get to all the candidates. 50million people watched this debate tonight and there will be two more presidential debates
you would cut the deficit in half, we still have trillion dollar deficits. a trillion dollar deficit each of the four years. if you are reelected, we'll get to a trillion dollar debt. >> we're asking for no revenue, we hag to give -- end up in resulting in se veer hardship for poem. >> social security is also a big topic. both men went back and forth on this one. >> you can call it a target or lind pent voters. they are eventually going to need social security, so the job of...
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you said would you cut the deficit in half. it's now four years later. we still have trillion dollar deficits. >> reporter: mitt romney came into the debate trailing in the polls but that could change after last night's performance. >> anytime a challenger stands on the stage with the president in a first debate they tend to get a bounce. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe that governor romney was the clear winner of this debate. if it was a boxing match it would have been called. >> reporter: an instant cbs news poll chose romney the overwhelming winner. 46% of the people we surveyed said romney won the debate. but moderator and pbs anchor jim lehrer might not feel the same way. >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. i actually like you, too. but i'm not going to keep on spending money for things we have to borrow money from china to pay for. >> reporter: they will square off again october 1
you said would you cut the deficit in half. it's now four years later. we still have trillion dollar deficits. >> reporter: mitt romney came into the debate trailing in the polls but that could change after last night's performance. >> anytime a challenger stands on the stage with the president in a first debate they tend to get a bounce. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe that governor...
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he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going so like this, you should not raise taxes on anyone. the economy is still going slow. it is growing more slowly now than when he made that statement. if he believed the same thing -- the reality is it is not as wealthy people. it is not just donald trump you are taxing. it is the people that employ 1 quart of the workers that are taxed as individuals. you raise taxes and kill jobs. that is why the national federation of independent businesses said your plan will kill 7000 jobs. >> but stay on the tax system for a moment. the deficit there has to be revenue in addition to cuts.
he said he would cut the deficit in half. we still have trillion dollar deficits. if you are reelected, we will get to a trillion dollar debt. you have said he will cut the deficit in half. you find $4 trillion in cuts. we still show trillion dollar deficit a year. that does not get the job done. why is it that i do not want to raise taxes? i do not want to raise taxes on people. in 2010, he said he would extend the tax policies we have now and not raise taxes because when the economy is going...
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you said you would cut the deficit in half. we still have trillion dollar deficit. less cbs as we will have a trillion dollar deficit in the next four years. >> president obama interrupted again -- think romney might win a and oscar but it was untethered from the truth. the president echoed the complaint. >> i met this very spirited fellow the claim to be a romney. how but it could not have been a robbery. because the real mitt romney has been a are a country for the last year promising 5 trillion dollars in tax cuts that favors the wealthy. the fellow is state last night said he didn't know anything about that. >> leaving denver, met romney can look pleased with himself. one day does not affect the way most people intend to vote, but it means the next string of opinion polls are important. if it narrows, it suggest romney is back in the gate. but if they do not, even after a victory, then he really is in the hole. >> how important was the first debate? i spoke to apolitical blotter and polling number cruncher and the author of a new book, "the signal and the noise,
you said you would cut the deficit in half. we still have trillion dollar deficit. less cbs as we will have a trillion dollar deficit in the next four years. >> president obama interrupted again -- think romney might win a and oscar but it was untethered from the truth. the president echoed the complaint. >> i met this very spirited fellow the claim to be a romney. how but it could not have been a robbery. because the real mitt romney has been a are a country for the last year...
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we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a lot of different things. governor romney, do you have a question you would like to ask directly about something he just said? >> i do not have a tax-cut scale you're talking about. we have to provide tax relief to people in the middle class. i will not reduce the share of taxes paid by high income people. they are doing fine in the economy. the people who are having a hard time are middle-income americans. under the president's policies, they have been buried. middle income americans have seen their income decreased by $4,300. th
we have to close our deficit. we will discuss how we deal with our tax code and how we make sure we are reducing spending in a response away and have enough revenue to make those investments. governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cut. $2 trillion in additional military spending -- without dumping the cost on the middle-class americans. that is one of the central questions of this campaign. >> you have spoken about a...
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no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason is because i believe that we do best when the middle- class is doing well. by giving them those tax cuts, they have more money in their pocket. maybe it does not buy new car. they are in a better position to weather the extraordinary recession we went through. they may be able to y new computer for their kid who is going off to college. governor romney's proposal that he has been promoting for 18 months calls for of five trillion dollars tax cut on top of $2 trillion of additional spending for our military. he is saying he is going to pay
no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason...
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that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee under which she could not go. that's the perspective i bring when i talk about what's called entitlements. the name implies some sort of dependency on the part of folk. these are folks that have worked hard, like my grandmother and millions are counting on this. my approach is to say how do we strengthen the system over the long term? in medicare, what we did, we id we are going to have to bring down the costs if we are going to deal with long-term deficits. to d
that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked...
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the actual deficits are a trillion dollars. he promised to cut in the half and he didn't and if you open up the budget of the united states under his policies the debt explodes, you can see it on page 52 of their analysis of the budget outlook. he said last night that budgets are about making choices. having a budget that chooses to have the debt explode and endanger our children is a poor choice. >> i think that's misleading because if you look at the c.b.o. scoring of the president's budget, he achieves a stable budget path within the ten-year budget window. so, again, we have a factual disagreement. >> i said if you look at the long-term budget outlook the debt explodes. so year 11 matters. my children are not yet -- >> well, let's deal with the first decade. >> brown: all right, we've cleared up everything. (laughter) thank you so much. douglas holtz-ae kin, jared bernstein, thanks. >> woodruff: still to come on the "newshour": rising tensions on the syria turkey border; how the presidential debate played for some florida v
the actual deficits are a trillion dollars. he promised to cut in the half and he didn't and if you open up the budget of the united states under his policies the debt explodes, you can see it on page 52 of their analysis of the budget outlook. he said last night that budgets are about making choices. having a budget that chooses to have the debt explode and endanger our children is a poor choice. >> i think that's misleading because if you look at the c.b.o. scoring of the president's...
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you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you said it in 2010, you said, i am going to extend the tax policies i have. i am not going to raise taxes because when the economy's slow and we are in recession, you shouldn't raise taxes on anyone. the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you
you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you...
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you said you would cut the deficit in half. and we'll have a trillion dollar deficit each of the next four years. if you are re-elected we'll get to a trillion dollar deficit. you said before you would cut it in half. i love this idea of $4 trillion in cuts. you've found $4 trillion to get closer to a balanced budget, yet we still have trillion dollar deficits every year. let me come back -- why don't i want to raise taxes? why don't i want to raise taxes on people? and actually you said it. back in 2010, you said, look, i'm going to extend the tax policies we have. i won't raise taxes on anyone. when we're in a recession, you shouldn't raise taxed on anyone. the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made the statement. if you believe the same thing, you don't want to raise taxes on people. and the reality is, it's not just wealthy people, not just donald trump are you taxing. it's all the businesses that employ one quarter of the workers in america, that are taxes a
you said you would cut the deficit in half. and we'll have a trillion dollar deficit each of the next four years. if you are re-elected we'll get to a trillion dollar deficit. you said before you would cut it in half. i love this idea of $4 trillion in cuts. you've found $4 trillion to get closer to a balanced budget, yet we still have trillion dollar deficits every year. let me come back -- why don't i want to raise taxes? why don't i want to raise taxes on people? and actually you said it....
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. >> when he was asked what he would do to cut the deficit and reduce spending, he said he would eliminate funding for public television. [ laughter ] >> boo! >> that was his answer. >> i mean, thank goodness somebody is finally getting tough on big bird! [ laughter ] >> reporter: big bird smack-dab in the middle of politics. so the candidates have a little under two weeks to prepare for their next face-off. they are going to be meeting in a town hall style debate in new york on october 16th. cnn's candy crowley will moderate that. and then on october 22nd, they will be talking about foreign policy in florida. that final forum will be moderated by bob schieffer who was of course from cbs. the vice-presidential candidates meet up on tuesday and the indication already is that they will not have as much leeway to control the conversation during that i debate as they did last night. there's been a lot of criticism. liz? >> all right, grace, thank you. >>> well, if you have a notice in the mail says you have no polling place for the upcoming election, don't worry. you're not a voter without a c
. >> when he was asked what he would do to cut the deficit and reduce spending, he said he would eliminate funding for public television. [ laughter ] >> boo! >> that was his answer. >> i mean, thank goodness somebody is finally getting tough on big bird! [ laughter ] >> reporter: big bird smack-dab in the middle of politics. so the candidates have a little under two weeks to prepare for their next face-off. they are going to be meeting in a town hall style debate...
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deficits. they both have a little problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think mitt romney has to do more of that. has he been specific with his plan? he laid five out in the debate, which is more than the president did. that's why independents thought mitt romney did very, very well. >> let me ask you about one of the issues where they differ, medicare. that is a big deal in florida romney says he supports vouchers for medicare, a plan that is not very popular. how does play in florida with all those seniors? >> right now in florida, you've got about 12 million registered voters. 36
deficits. they both have a little problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think...
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in terms of the effect it would have on the deficit is sort of silly. here is the math. i said it earlier. this is how much the corporation for public broadcasting is part of our budget. two-thirds of our budget is entitlement. the debate should be about how do we pair back entitlement spending or cut back larger government spending in terms of adding to the deficit. that's just my point this morning. >> i have a program on pbs, but we don't get any money from pbs to create that programming. it comes through underwriters in foundation. >>> we'll visit monaco land of fun, security and no income tax. you are watching "cbs this morning." cbs "this morning". two years ago, the people of bp made a commitment to the gulf. and every day since, we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected and to cover cleanup costs. today, the beaches and gulf are open for everyone to enjoy -- and many areas are reporting their best tourism seasons in years. we've shared what we've learned with governments and across
in terms of the effect it would have on the deficit is sort of silly. here is the math. i said it earlier. this is how much the corporation for public broadcasting is part of our budget. two-thirds of our budget is entitlement. the debate should be about how do we pair back entitlement spending or cut back larger government spending in terms of adding to the deficit. that's just my point this morning. >> i have a program on pbs, but we don't get any money from pbs to create that...
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no tax cut that adds to the deficit. but i do want to increase the dividend being paid to middle income americans, so i cannot reduce the burden paid by high-income americans. so any language to the contrary is simply not accurate. >> mr. president? >> well, i think, let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families. and that's exactly what i did. we cut taxes for middle class families by about $3,600. and the reason is, because i believe that we do best when the middle class is doing well. and by giving them those tax cuts, they have a little more money in their pocket. so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession that we've went through. they can buy a computer for their kid, who's going off to college. which means they're spending more money, businesses have more customers, businesses make more profits, and then hire more workers. now, govern
no tax cut that adds to the deficit. but i do want to increase the dividend being paid to middle income americans, so i cannot reduce the burden paid by high-income americans. so any language to the contrary is simply not accurate. >> mr. president? >> well, i think, let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families. and that's exactly what i did. we cut taxes for middle...
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deficit with nine games to go. they did much, by sweeping the rangers. san francisco giant, won two years ago. >> they will host the cincinnati reds saturday and sunday at at&t park for the best of five series. and the team will move to game three and game four if necessary. if there's a game five, team would come back to at&t park. >>> these photos came in the afternoon, showing younger aged fans and their moms much the kids are able to say, baseball history. send the photos and the dramatic win. e-mail at photos at ktvu.com. post them directly and we may post some of their photos during the broadcast. >>> there's an officer-involved shooting. news chopper 2 flew over the cal train. what we've been told, the san mateo transit officer fired his weapon while the train was in san jose. we've been told one person was wounded and we do not know that person's condition. >>> a mistrial was declared in the federal cocaine fraud trial of the former crime lab technician. according to the juror, debra madden took cocaine fro
deficit with nine games to go. they did much, by sweeping the rangers. san francisco giant, won two years ago. >> they will host the cincinnati reds saturday and sunday at at&t park for the best of five series. and the team will move to game three and game four if necessary. if there's a game five, team would come back to at&t park. >>> these photos came in the afternoon, showing younger aged fans and their moms much the kids are able to say, baseball history. send the...
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you have said before you cut the deficit in half. in order to bring the cost of health care down we don't need a board of 15 people telling us what kinds of treatments we should have. >> the funny thing sthat was an rnc ad showing president obama smirking while romney was talking. and it occurred to me in the break that this is like a dnc ad they did. i was telling tom that where they showed and their point was mitt romney was mean. so the ad actually works for romney and for obama. don't you think that was an amazing idea i came up with that you did not come up with? >> we had a great discussion while it was running. the ad is similar. the dth c ad is supposed to make -- the dnc ad is supposed to make him look mean and interruptiing. but it is interruptiing romney the whole ad and then it says, mitt romney, he's not nice. but it is a great ad for romney. >> do you think it is being rude? >> no, but everyone calls that a smirk. that's fundamentally wrong. let me show what you a smirk is. that was a stiegle. that's when you stifle a g
you have said before you cut the deficit in half. in order to bring the cost of health care down we don't need a board of 15 people telling us what kinds of treatments we should have. >> the funny thing sthat was an rnc ad showing president obama smirking while romney was talking. and it occurred to me in the break that this is like a dnc ad they did. i was telling tom that where they showed and their point was mitt romney was mean. so the ad actually works for romney and for obama. don't...
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Sep 28, 2012
09/12
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KQED
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ministers met to decide how to fix a large hole in the finances and reduce the deficit. the richest households and the biggest companies would bear most of the pain. >> this is a fighting budget to restore the country to health. this is fighting a debt. >> the budget will lead to savings of 30 billion euros next year. that is less than 2% of the economic output. public spending will be frozen. care will be higher taxes on those earning over $1 million. they will be taxed at 75%. he is a new media person and a millionaire and he believes the higher taxes will send a message that france is not open for business. >> the risk is not only that talent will leave the country but the young ones with talent will leave the country. >> this week has seen the paris motor show. hard selling in tough times. the french economy is stagnating and workers are being laid off. eight thousands at peugeot alone. some argue that if france is to grow again, it needs radical reform. >> in france, we must do everything for the future to have our industry competitive. beyond retreat -- restructuri
ministers met to decide how to fix a large hole in the finances and reduce the deficit. the richest households and the biggest companies would bear most of the pain. >> this is a fighting budget to restore the country to health. this is fighting a debt. >> the budget will lead to savings of 30 billion euros next year. that is less than 2% of the economic output. public spending will be frozen. care will be higher taxes on those earning over $1 million. they will be taxed at 75%. he...
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Oct 4, 2012
10/12
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FOXNEWS
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possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't just pick binners and losers, pick the losers. and carl rove joins us. let's go to the issue of undecided. jump in there. those at least watching. >> well, we're likely to see a bump out of this. not much of a bump but a little bit of a bump. first debate is most important of the debates and this typically the winner that gets a point two points out of the debate. there is a close race like this, that matters but to step back just a moment. what matters is that there is to a lesser extent there is the vice presidential debate. soits not over tonight but there is a strong start for mitt romney. and this is an asto
possible to come up with enough deductions only affect high income individuals to avoid either raising deficit or burdening the middle class. does anyone out there think that the big problem we had is that there is too much oversight and regulation of wall street? because if you do, then... governor romney is your candidate. >> don't forget, you put $90 billion, like 50 years worth of breaks into solar and wind. to sole lynn dra and fiskar and tesla. i had a friend that said you don't...
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Oct 4, 2012
10/12
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i've said i won't put in place a tax cut that adds to the did deficit. >> five weeks before the election, he's saying the his big idea is never mind. >> my priority is jobs. there's nothing better. having more people working, earning more money, paying more taxes. that's the most efficient way to get this budget balanced. >> reporter: romney knead the case he would be -- made the case he would be better at creating jobs. >> does anybody think the big problem we had was there was too much oversight and regulation of wall street? >> we have to have regulation of wall street. but i wouldn't designate five banks as too big to fail. this is the biggest kiss given to new york banks. >> reporter: onto healthcare, romney returned his recurring theme, calling obamacare a job-killer. >> i don't know how the president could have come into office facing 23 million people out of work, rising unemployment, and spend his energy and passion for two years fighting for obamacare instead of fighting for jobs for the american people. >> reporter: the president argued that romney must have liked healthcare r
i've said i won't put in place a tax cut that adds to the did deficit. >> five weeks before the election, he's saying the his big idea is never mind. >> my priority is jobs. there's nothing better. having more people working, earning more money, paying more taxes. that's the most efficient way to get this budget balanced. >> reporter: romney knead the case he would be -- made the case he would be better at creating jobs. >> does anybody think the big problem we had was...
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Oct 4, 2012
10/12
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KRCB
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we ended up moving from surplus to deficits. and it all culminated in the worst financial crise since the great depression. bill clinton tried the approach that i'm talking about. we created 23 million new jobs. we went from deficit to surplus, and businesses did very well. so in some ways, we've got some data on which approach is more likely to create jobs and opportunity for americans and i believe that the economy works best when middle-class families are getting tax breaks so that they've got some money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that we live in, that we can afford to do a little bit more to make sure we're not blowing up the deficit. >> jim, the president began this segment, so i think i get the last word, so i'm going to take it. >> lehrer: you're going to get the first word in this segment. >> let me just make this comment-- let me repeat what i said. i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place a
we ended up moving from surplus to deficits. and it all culminated in the worst financial crise since the great depression. bill clinton tried the approach that i'm talking about. we created 23 million new jobs. we went from deficit to surplus, and businesses did very well. so in some ways, we've got some data on which approach is more likely to create jobs and opportunity for americans and i believe that the economy works best when middle-class families are getting tax breaks so that they've...
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Oct 5, 2012
10/12
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the 2013 federal budget expected to result in a $900 billion deficit. >>> all right. enough of the real news. let's huddle around the water cooler to see how john stewart worked through the denver debate. >> there is no red america! there is no blue america! there is only the america that can't believe how bad this guy did in the debate. obama lost despite mitt romney doing this. >> i'm sorry, jim. i'm going to stop the subsidy to pbs. i'm going to stop other things. i like pbs. i like big bird. i actually like you too. i'm not going to keep on spending money on things to borrow from china to pay for it. >> mother [ bleep ] fired big bird! romney could have water boarded aladdin, put down blue, deported dora the explorer, and still won walking away. romney won with the sound up. >> you're entitled, as a president, to your own airplane and house, but not to your own facts. >> romney won with the sound off. dude, he's yelling at you. look up! look up! what are you looking at? what are you writing that's so important? what are you doing? oh, that's nice. i didn't realize
the 2013 federal budget expected to result in a $900 billion deficit. >>> all right. enough of the real news. let's huddle around the water cooler to see how john stewart worked through the denver debate. >> there is no red america! there is no blue america! there is only the america that can't believe how bad this guy did in the debate. obama lost despite mitt romney doing this. >> i'm sorry, jim. i'm going to stop the subsidy to pbs. i'm going to stop other things. i like...